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Business, 07.04.2020 21:23 dsaefong00

Inventory records for Marvin Company revealed the following: Date Num of units unit cost Mar. 1 Beginning Inventory 1000 7.20 Mar. 10 Purchase 600 7.25 Mar. 16 Purchase 800 7.30 Mar. 23 Purchase 600 7.35 Marvin sold 2,300 units of inventory during the month as follows: Mar. 5 400 units Mat. 14 700 units Mar. 20 500 units Mar. 26 700 units Ending inventory assuming LIFO inventory system would be:

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